The property occupies a substantial corner plot fronting onto Tunnel Road (A5089) at its junction with Harbord Street and Wavertree Road (B5178) in the Edge Hill area approximately a mile east of Liverpool City Centre. The immediate surrounding area comprises a mix of small industrial units, new build residential housing, and a retail park development which includes a number of large outlets such as Iceland, Home Bargains, and Matalan to name but a few. The property is also in close proximity to a number of university buildings and student accommodation, with the new `Knowledge Quarter`, a 450-acre development, which is nearing completion of the first phase.
The subject property comprises a large L-shaped two-storey modern office building with a car parking provision to the rear for approximately 18 vehicles with a section of the site comprising an area of grassed open space. The building is a structural steel-frame construction, with elevations formed mainly of facing brick and currently fit out for office use, benefiting from raised access flooring, suspended ceilings with flush lighting, a combination of gas fire central heating, and air conditioning units as well as various WC and kitchenette facilities throughout, and an eight person passenger lift. Externally, the building benefits from double-glazed powder-coated aluminium framed windows.
We have measured the premises in accordance with the RICS Code of Measuring Practice (6th Edition) to provide the following approximate areas and dimensions:
Net Internal Area: 413.6 sq.m. (4,452 sq.ft.)
Net Internal Area: 446.4 sq.m. (4,805 sq.ft.)
Approx: 2,345 sq m (0.56 acres)
We understand the property is held by way of a long leasehold interest for a Term of 999 years commencing 23rd December 1999 at a peppercorn ground rent.
We understand the property is let on a multi-occupancy basis, with three current occupational tenants, all of which are holding over:
Tenant/Occupier Sq.ft. Occupied Annual Rent (not including service charge)
New Start Ltd. 3615.8 £18,654
Liverpool 120 £1,380
Pure Legal 643 £4,374
The property can be sold with the benefit of vacant possession.
Further details are available upon request.
The property has an EPC rating of C72. Full report available upon request.
Interested parties should make their own enquiry of Liverpool City Council`s Rating Department on 0151 233 3008 or www.voa.gov.uk/businessrates.
Strictly by appointment via the sole agents SK Real Estate (Liverpool) Ltd Tel: 0151 207 9339 / Contact: Tom Pearson (firstname.lastname@example.org)